Art education fundraising firm crafting $4M office at Fort Ben site
The local company considered buying its current home before hitting the drawing board and launching plans to build its own space.
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Lawsuits: Hackers stole customer data at 1,000 Arby’s stores
Arby's Restaurant Group failed to prevent hackers from stealing customer information at hundreds of its locations, a couple says in a new federal lawsuit. Eight credit unions and banks from Indiana and other states have filed seven other related federal lawsuits.
Cyber-security firm ditches downtown office for suburbs
Rook Security has relocated to Carmel from downtown Indianapolis and ultimately hopes to land in Fishers.
Cyber-security firm ditches downtown office for suburbs
Rook Security has relocated to Carmel from downtown Indianapolis and ultimately hopes to land in Fishers.
Residential Real Estate: Marketplace
The mild winter has meant more home sales at the beginning of the year than usual, said F.C. Tucker President Jim Litten.
Retired designer turns two condos into one for penthouse over Mass Ave
It was quite a change, to say the least, from the Jim O’Neils’ previous abode—a large but traditional home on 116th Street.
Female homebuilders find success, despite small numbers
The Builders Association of Greater Indianapolis estimates that no more than 10 of its 150 members are women, with many of them building few homes.
City gives up on stalled 21c hotel, will seek new proposals
City officials are scrapping plans to help finance construction of a long-awaited 21c hotel proposed as part of a $55 million redevelopment of Old City Hall and are putting the property back up for bid.
UPDATE: Finish Line’s stock price plunges on disappointing results
The locally based retailer of athletic apparel and footwear lost $9.5 million in its fiscal fourth quarter, falling short of earnings expectations and sending company shares tumbling in morning trading.
Woes build for stores as shoppers look elsewhere for inspiration
The number of “distressed” retailers—those with cash problems and poor credit profiles that are facing strong competition—is at the highest rate since 2009, says Moody’s Investor Service.
Borshoff moving from longtime office to Mass Ave
The city’s largest public relations firm is leaving its downtown space in the historic Majestic Building for Lockerbie Marketplace.
Roundup: Broad Ripple eatery expanding; another furniture store entering market
MoFoCo, formerly the Monon Food Co., plans to open a downtown location March 27, while Bob’s Discount Furniture prepares to launch from two stores formerly occupied by a local furniture heavyweight.
Payless expected to file for bankruptcy, close hundreds of stores
Payless Inc., which has about 15 shoe stores in the Indianapolis area, is preparing to file for bankruptcy as soon as next week, according to people familiar with the matter.
Carmel introduces streamlined zoning ordinance
Officials say the new rules eliminate redundancies and establish three new zoning districts that better reflect the city’s growth.
National retailer’s closure plans to affect four Indianapolis-area stores
A decision by a national religious-based retailer to close all 240 of its stores will put 14 Indiana locations out of business.
Central Indiana home sales fall after 15 straight months of increases
February’s decrease in existing-home sales came amid a steep increase in prices and a big decline in housing inventory.
$15M renovation gives Marriott North first major refresh
The 315-room hotel, built in 1998 at Keystone at the Crossing, now boasts several amenities and improvements that give it a more modern feel.
Target revamping stores to attract different types of shoppers
In a move to bring shoppers back to its stores, Target Corp. is embarking on an ambitious redesign aimed at helping people who need to dash in for milk to get out quickly while encouraging those who want to wander the aisles to linger.
Marsh Supermarkets set to close Nora store in April
The Marsh chain continues to downsize amid growing competition. The store on East 86th Street has struggled to attract customers since a Kroger opened across the street in 2010.
RadioShack bankruptcy claims Indianapolis stores
Eleven stores in Indiana, including four in Indianapolis, are on the closure list. Five area stores escaped the list.